Vertex Leadership Team and Corporate Outlook
Diversified Environmental Service Offering
Vertex continues to focus on growing across multiple industries.
This strategy has resulted in several project awards enabling us to continue to expand our geographic footprint outside of Western
Canada while increasing the utilization of our two primary assets: People & Equipment.
Growth Opportunities
Utilities, Telecommunication & Government: Vertex
continues to provide services to these sectors and is
working to grow/adapt our service offering to attract new
project awards. Vertex is active on obtaining contracts
associated with expanding Canadian 5G network.
Mining: Vertex continues to be involved in coal and potash
mine, processing, and power plant shut-downs including
the management of peat, vegetation and wildlife
throughout the life of these projects.
Oil & Gas and Mining Abandonment: AB and BC are
developing regulations to impose timeline on the clean-up
of dormant well sites while other jurisdictions are imposing
higher security deposits to achieve clean up efforts. Vertex
continues to be involved in coal and potash mine
abandonments and reclamation projects.
Operation & Maintenance Projects: Continual maintenance
is required to ensure optimal production capabilities. This is
a more stable stream of revenue and typically represents a
greater proportion of E&P companies' spending than capital
expenditure.
92% Oil & Gas
% of Revenue by Industry
2019E
2014
8% utilities, agriculture,
municipalities, government and
telecommunications industries
53% Oil & Gas
47% utilities, agriculture,
municipalities, government and
telecommunications industries
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